Due to heavy rains an apartment that's below ground level is waterlogged. Carpet and pad are soaked. A crew is pumping out water and running fans, has removed 1000 gallons so far in 24 hours. The areas under heavy fur...
I bought a house approx 9 months ago with sub2, caught the house up paid all the fines etc of 1200 and then I gave the sellers 800. I filed the deed. The bank that has the loan I actually used their meeting room and t...
I am in the process of buying a HUD home, and the title company informed me that the house I am buying never had the Final inspection closed on the swimming pool and it has been expired for 20 years. The house was b...
Well, I'm not really surprised by the outcome although dealing with any 'licensed' real estate 'professional' you just never know.
Most of you guys don't know the volume in which I do short sales. I typically do a l...
Hey Everyone,
I have found a very nice MH with a very motivated buyer. The buyer was at $10K and I ended up being able to talk him down to $1500. He needs to move ASAP.
The problem I have encountered is that the ...
Hey Everyone,
I wanted to get everyone's opinion on a deal I might have slipped through my fingers.
I got this lead from a postcard mailing sent to absentee owners. I did my research and placed the property with ...
Hey everyone, I'm new to real estate investing and live in Rochester, NY. I'm looking to buy my first property, likely a SFH, within the next year and am trying to decide whether or not it makes sense to invest locall...
Hi! BP people,
I was unable to find an answer for the following question. I own a Townhouse (no mortgage), which is being rented. I was wondering if I can do a HELOC ? I understand that banks ...
Howdy BP'ers!When analyzing a potential deal, how do you consider existing leases with below market rents? My minimum CoCROI is 12%. I'm analyzing a quad that will generate 13% at market rates and 7% at current rents...
Good morning everyone! We purchased our first 4-plex in late August and are now set to close on the second 3 week from now! I love 4-plexes, they're my little go-to money-makers. My husband, however, is more into the...